err... someting abt income tax?

• shinta

  14 Apr 05, 13:30

  Originally posted by Kenashi:

  no. they can take yr shares, yr salary from yr employer n etc.

  so the employers already deduct liao?
• Kenashi

  14 Apr 05, 13:42

  Originally posted by X-men:

  Submitted.... now waiting to see how much they want to suck from me
  
  I'm just a poor farmer... don't see them paying me when my annual pay is below the taxable range... so unfair

  bo bian
• Kenashi

  14 Apr 05, 13:43

  Originally posted by shinta:

  so the employers already deduct liao?

  only if u ganna enforcement action, then they will take drastic measure to recover tax
• shinta

  14 Apr 05, 13:49

  Originally posted by Kenashi:

  only if u ganna enforcement action, then they will take drastic measure to recover tax

  i still blur lei...
• choco B

  14 Apr 05, 13:52

  
  
  Are you trying to ask, how to PAY tax? I.e.. method of payment?
  
  

  Originally posted by shinta:

  i still blur lei...

• Kenashi

  14 Apr 05, 13:53

  Originally posted by shinta:

  i still blur lei...

  if u don't pay yr tax either in full after 1 mth upon receipt of notice of assessment or in instalment payment, u can get a fine, if u refuse to pay the fine n outstanding tax within 60 days, u get another penalty levied on u, after that, they may use other actions to recover tax n fines owing.
  ming bai ma??
• shinta

  14 Apr 05, 13:54

  Originally posted by choco B:

  
  
  Are you trying to ask, how to PAY tax? I.e.. method of payment?
  
  

  yayaya@!!@
• Kenashi

  14 Apr 05, 13:57

  Originally posted by shinta:

  yayaya@!!@

  
  make such a big circle n now u tell me that!!
  
  mode of payment : atm, axn machine, lumpsum payment within 1 mth of receipt of NOA, giro, post office, etc.
  
• shinta

  14 Apr 05, 13:58

  Originally posted by Kenashi:

  
  make such a big circle n now u tell me that!!
  
  mode of payment : atm, axn machine, lumpsum payment within 1 mth of receipt of NOA, giro, post office, etc.
  

  so i must have money in bank to pay tax liao lo..
  
  wat if i have no savings?? no money to pay fine??
  
  wat u said earlier oso wanna noe mah
• Kenashi

  14 Apr 05, 14:01

  Originally posted by shinta:

  so i must have money in bank to pay tax liao lo..
  
  wat if i have no savings?? no money to pay fine??
  
  wat u said earlier oso wanna noe mah

  if u r working, can deduct from yr salary.
  if not, will try to arrange for instalment plan for u.
  last resort : file for bankruptcy.
• Kenashi

  14 Apr 05, 14:06

  going back to work!!
  bye bye
• shinta

  14 Apr 05, 14:10

  Originally posted by Kenashi:

  if u r working, can deduct from yr salary.
  if not, will try to arrange for instalment plan for u.
  last resort : file for bankruptcy.

  kk understand liao
• Qitai

  14 Apr 05, 17:07

  Originally posted by Kenashi:

  where got 10 times???
  u read what report

  2-3x is newspaper source.
  
  10 times is social channels.... I never take those seriously one.
• Qitai

  14 Apr 05, 17:09

  Originally posted by Kenashi:

  wrong for the last one, unless u didn't pay the tax n ganna enforcement action.
  then they will freeze yr account n help themselves to yr saving

  I certainly did not sign anything to the effect of allowing them to deduct income tax from my bank account and they are doing it. So . . . . . . . . . .
• tranquilice

  15 Apr 05, 05:25

  Originally posted by shinta:

  if i dun have the form i dun have to bother if i'm earnin less than 22k a year(inclusive of bonus).. rite?

  Correct, don't bother if you are earning less than 22k p.a. and don't have the form. However, if IRAS sent you the form, you still have to fill and submit, but you will not be taxed.
• shinta

  15 Apr 05, 10:27

  Originally posted by tranquilice:

  Correct, don't bother if you are earning less than 22k p.a. and don't have the form. However, if IRAS sent you the form, you still have to fill and submit, but you will not be taxed.

  oh.. but if i'm taxed, i will have to pay them money lo..
  
  wat if i hav children?
• Kenashi

  15 Apr 05, 10:31

  Originally posted by Qitai:

  2-3x is newspaper source.
  
  10 times is social channels.... I never take those seriously one.

  yr social contact got something wrong, they like to boast
• Kenashi

  15 Apr 05, 10:36

  Originally posted by Qitai:

  I certainly did not sign anything to the effect of allowing them to deduct income tax from my bank account and they are doing it. So . . . . . . . . . .

  that's meant u have been fined n they decide to deduct straight from yr bank a/c
  Enforcement action!!
• Qitai

  15 Apr 05, 12:43

  Originally posted by Kenashi:

  that's meant u have been fined n they decide to deduct straight from yr bank a/c
  Enforcement action!!

  Nope. Amount is correct. And it happens right after the income tax is filed. So.......
• Kenashi

  15 Apr 05, 13:03

  Originally posted by Qitai:

  Nope. Amount is correct. And it happens right after the income tax is filed. So.......

  that's meant u have signed up for giro b4!!
  if u don't want to pay by giro, just inform the bank n iras.
• tranquilice

  16 Apr 05, 00:38

  Originally posted by shinta:

  oh.. but if i'm taxed, i will have to pay them money lo..
  
  wat if i hav children?

  Of course.
  
  I don't think income tax has any relationship with children.